ContractMutual Cooperating Agreement • May 5th, 2020 • Florida
Contract Type FiledMay 5th, 2020 JurisdictionEX-10.01 2 onteco_ex1001.htm MUTUAL COOPERATING AGREEMENT EXHIBIT 10.01 MUTUAL COOPERATION AGREEMENT This MUTUAL COOPERATION AGREEMENT (the “Agreement”) is being entered into as of October 3rd 2012, between ONTECO CORPORATION, a company organized and existing under the laws of the State of Nevada (ONTC), and Advanced Copisa Environmental Corp., a Canadian corporation (ADCO). (ONTC and ADCO are sometimes referred to herein individually as a Party and collectively as the Parties). RECITALS: WHEREAS, ADCO has the use, know-how and know-why relating to certain Catalytic Pyrolysis Technology specially feasible for recycling used tires and non-recyclable plastics (collectively, “ADCO Technology”) as per described in the Annex A attached hereto; WHEREAS, ONTECO is in the business of developing and operating different technologies, and ONTC is a fully capable of marketing and manufacturing and as such, the Parties are not competitors of each other; WHEREAS, each of ONTC and ADCO, independently